If the central bank does not purchase foreign assets when output increases but instead holds the money stock constant, can it still keep the exchange rate fixed at 
? Please explain with the aid of a figure.
Definitions:
Durable Good
A type of good that does not quickly wear out and is expected to last for several years under normal usage conditions.
Gross Domestic Product
GDP stands for Gross Domestic Product and refers to the sum of the monetary or market value of all final goods and services that are produced within the confines of a nation during a given time frame.
Social Well-Being
The condition of an individual or group in terms of their mental, emotional, and physical health and their ability to interact successfully with others in society.
Leisure Time
Free time available to an individual after dedicating time to work, chores, and other obligatory activities, often used for relaxation or hobbies.
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